Rastar Environmental Protection Materials Co.Ltd. (300834) - Net Assets
Based on the latest financial reports, Rastar Environmental Protection Materials Co.Ltd. (300834) has net assets worth CN¥2.95 Billion CNY (≈ $431.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.98 Billion ≈ $582.36 Million USD) and total liabilities (CN¥1.03 Billion ≈ $151.29 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Rastar Environmental Protection Material to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.95 Billion |
| % of Total Assets | 74.02% |
| Annual Growth Rate | 35.53% |
| 5-Year Change | 520.6% |
| 10-Year Change | N/A |
| Growth Volatility | 99.37 |
Rastar Environmental Protection Materials Co.Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Rastar Environmental Protection Materials Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Rastar Environmental Protection Material for the complete picture of this company's asset base.
Annual Net Assets for Rastar Environmental Protection Materials Co.Ltd. (2017–2024)
The table below shows the annual net assets of Rastar Environmental Protection Materials Co.Ltd. from 2017 to 2024. For live valuation and market cap data, see how much is Rastar Environmental Protection Material worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.96 Billion ≈ $433.57 Million |
-1.30% |
| 2023-12-31 | CN¥3.00 Billion ≈ $439.29 Million |
+0.36% |
| 2022-12-31 | CN¥2.99 Billion ≈ $437.72 Million |
+289.33% |
| 2021-12-31 | CN¥768.32 Million ≈ $112.43 Million |
+60.93% |
| 2020-12-31 | CN¥477.43 Million ≈ $69.86 Million |
+60.82% |
| 2019-12-31 | CN¥296.88 Million ≈ $43.44 Million |
-8.43% |
| 2018-12-31 | CN¥324.20 Million ≈ $47.44 Million |
-8.08% |
| 2017-12-31 | CN¥352.68 Million ≈ $51.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rastar Environmental Protection Materials Co.Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 458.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥191.10 Million | 6.45% |
| Common Stock | CN¥193.71 Million | 6.54% |
| Other Comprehensive Income | CN¥107.64 Million | 3.63% |
| Other Components | CN¥2.47 Billion | 83.38% |
| Total Equity | CN¥2.96 Billion | 100.00% |
Rastar Environmental Protection Materials Co.Ltd. Competitors by Market Cap
The table below lists competitors of Rastar Environmental Protection Materials Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dorian LPG Ltd
NYSE:LPG
|
$1.05 Billion |
|
IRSA Inversiones Y Representaciones
NYSE:IRS
|
$1.05 Billion |
|
Zhejiang Hailide New Material Co Ltd
SHE:002206
|
$1.05 Billion |
|
Shandong Linuo Technical Glass Co.Ltd.
SHE:301188
|
$1.05 Billion |
|
Elbit Systems Ltd
TA:ESLT
|
$1.05 Billion |
|
Scandi Standard publ AB
ST:SCST
|
$1.05 Billion |
|
Altamir SCA
PA:LTA
|
$1.05 Billion |
|
Nine Entertainment Co. Holdings Ltd
AU:NEC
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rastar Environmental Protection Materials Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,001,987,456 to 2,962,954,448, a change of -39,033,008 (-1.3%).
- Net income of 97,208,934 contributed positively to equity growth.
- Dividend payments of 45,632,042 reduced retained earnings.
- Share repurchases of 99,902,548 reduced equity.
- Other comprehensive income increased equity by 107,624,419.
- Other factors decreased equity by 98,331,771.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥97.21 Million | +3.28% |
| Dividends Paid | CN¥45.63 Million | -1.54% |
| Share Repurchases | CN¥99.90 Million | -3.37% |
| Other Comprehensive Income | CN¥107.62 Million | +3.63% |
| Other Changes | CN¥-98.33 Million | -3.32% |
| Total Change | CN¥- | -1.30% |
Book Value vs Market Value Analysis
This analysis compares Rastar Environmental Protection Materials Co.Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.12x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.04 | CN¥37.05 | x |
| 2018-12-31 | CN¥2.18 | CN¥37.05 | x |
| 2019-12-31 | CN¥2.04 | CN¥37.05 | x |
| 2020-12-31 | CN¥3.28 | CN¥37.05 | x |
| 2021-12-31 | CN¥5.29 | CN¥37.05 | x |
| 2022-12-31 | CN¥15.81 | CN¥37.05 | x |
| 2023-12-31 | CN¥15.36 | CN¥37.05 | x |
| 2024-12-31 | CN¥15.54 | CN¥37.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rastar Environmental Protection Materials Co.Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.31x
- Recent ROE (3.28%) is below the historical average (19.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 15.17% | 4.25% | 2.36x | 1.51x | CN¥18.22 Million |
| 2018 | 15.13% | 3.50% | 1.72x | 2.51x | CN¥16.63 Million |
| 2019 | 34.38% | 8.40% | 1.68x | 2.44x | CN¥72.39 Million |
| 2020 | 46.31% | 16.86% | 2.10x | 1.31x | CN¥173.38 Million |
| 2021 | 38.01% | 14.78% | 2.23x | 1.16x | CN¥215.23 Million |
| 2022 | 4.68% | 7.49% | 0.55x | 1.14x | CN¥-159.11 Million |
| 2023 | 2.67% | 5.09% | 0.45x | 1.16x | CN¥-220.08 Million |
| 2024 | 3.28% | 5.78% | 0.43x | 1.31x | CN¥-199.09 Million |
Industry Comparison
This section compares Rastar Environmental Protection Materials Co.Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rastar Environmental Protection Materials Co.Ltd. (300834) | CN¥2.95 Billion | 15.17% | 0.35x | $1.05 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Rastar Environmental Protection Materials Co.Ltd.
Rastar Environmental Protection Materials Co., Ltd. is mainly engaged in the manufacture and sale of plastic in China and internationally. The company also engages in research and development, production and sales of polystyrene. The company provides high-impact polystyrene and general-purpose polystyrene products. Its products are primarily used in electronic appliances, toys, daily plastic prod… Read more